Capping the salary excesses

Companies can't afford to be complacent about new executive pay rules, says Fiona Bell

Remember all that fuss about fat cats and salaries? With the new RBS chief executive coming in at a reduced salary and foregoing bonuses to begin with, you might think there was a mood of frugality among the top executives. But, then there are headlines about other bankers getting windfalls from share rights as values recover on the London Stock Exchange (LSE).

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